The company
It doesn't have to be registered yet.
You
Your co-founder
The split
Who owns how much once everything has vested.
Earning it over time
Shares are earned month by month, so nobody walks away early with a big piece.
If one of you leaves
Work done before today
In India, code or designs you made before the company exists stay yours unless you hand them over in writing.
When you disagree
This is a plain-English draft, not legal advice. Have a lawyer look at it before you rely on it.
Sign it together
Each of you types your name. We confirm it by email and record the time.
Not signed
Waiting
Make it hold in court
A signed agreement is valid, but in India it can only be used as evidence once stamp duty is paid. We buy the e-stamp for you and attach it.
| Stamp duty, | |
| E-stamp processing | ₹48 |
| Our fee | ₹499 |
| Total |
Split between you, or one of you pays.
You're on the list. Here's your draft to keep. It isn't stamped yet, so have a lawyer look at it before you rely on it.